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Title page
Contents
Abstract 4
Résumé 5
Acknowledgements 6
1. Introduction 9
2. Data 11
Defining energy-intensive industries 11
Data sources and harmonisation 13
Descriptive statistics 15
3. Methodology 18
Defining the treatment 18
Balancing treatment and controls 19
Event study design 20
Decomposing earnings losses 21
Oaxaca-Blinder decomposition 22
4. Results 24
The cost of job displacement in energy-intensive industries on average across countries 24
The cost of job displacement in energy-intensive industries by country 25
The sources of earnings losses in energy-intensive industries by country 27
Firm- and worker-related wage losses in energy-intensive industries by country 27
The effects of job displacement on job mobility in energy-intensive industries 29
Potential mechanisms behind within-country differences in earnings losses 30
5. Policy implications 32
References 33
Annex A. Copyright and Disclaimers Notices 36
Table 1. Data sources 14
Table 2. Summary statistics of matched displaced-non-displaced worker samples by country 16
Table 3. Balance table 19
Figure 1. Classification of energy-intensive industries 13
Figure 2. Most energy-intensive industries face greater job displacement costs than other sectors 25
Figure 3. The sources of earnings losses between energy-intensive industries and the rest of the economy industries vary widely across sector and country 26
Figure 4. Larger wage losses mostly reflect higher firm-related losses, but vary across country and sector 28
Figure 5/Figure 4. Transitions across sectors, occupations and regions differ across sector 29
Figure 6/Figure 5. The composition of workers and firms drives differences in the cost of job displacement between energy-intensive sectors and the rest of the economy 30
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